The Dioctyl Phthalate market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Dioctyl Phthalate (DOP), also referred to as diethylhexyl phthalate (DEHP), is an organic compound with molecular formula C6H4(CO2C8H17)2. Dioctyl Phthalate, characterized by its high molecular weight, high boiling point and lower vapour pressure, is one of the most widely used general purpose plasticizers. It is synthesized by reaction of phthalic anhydride with an alcohol such as 2-ethyl hexanol.
Phthalates are the most commonly used plasticizers and as such global Dioctyl phthalate market is expected to witness a steady growth in revenue during the forecast period. The primary factors that are likely to drive the growth of Dioctyl phthalate market are the increase in demand from Dioctyl phthalate end use industries. The increasing demand from films and sheets industry, consumer goods, cables and wiring among others are expected to propel the global Dioctyl phthalate market during the forecast period. Moreover, increasing demand from developing regions of the globe especially from the countries in Asia Pacific is expected to further drive the growth of global Dioctyl phthalate market over the forecast period. Also, cost effectiveness of Dioctyl phthalate is another factor that is likely to result in preference for its use as plasticizer. However, the use of Dioctyl phthalate in certain applications such as in those which involve contact with food and others such as in medical devices is witnessing substitution by non phthalate plasticizers, this is expected to act as an impediment to the growth of global Dioctyl phthalate market during the forecast period.
In the global Dioctyl Phthalate market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In global market, the following companies are covered:
LG Chem
Eastman
Sinopec
TNJ Chemical Industry
UPC
...
Market Segment by Product Type
General-Grade
Electrical-Grade
Food-Grade
Medical-Grade
Market Segment by Application
Film & Sheet
Cable And Wiring
Consumer Goods
Medical Applications
Wall Coverings & Flooring
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Dioctyl Phthalate market for the forecast period 2020 - 2025?
• What are the driving forces in the Dioctyl Phthalate market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Dioctyl Phthalate industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?